1000 is used to compare the interest of flower buds and borrowing buds (divided into three phases)
For example, Bai Hua's loan 1000 is paid off in three installments, and the interest rate in the third installment is 2.5%. Loan 1000, paid off in three installments, with equal repayment every month, and the daily interest rate is 0.03%.
Bai Hua 1000 repays in three installments, so the total interest of the three installments = 1000×2.5%=25 yuan, and the repayment interest of each installment is 25÷3=8.3 yuan.
Borrow 1000 to repay in three installments, so the total interest of the three installments is 18.34 yuan. Then the repayment amount of 1 month is the principal of 330.45+ interest of 9; The second repayment amount is 333.23+ interest 6.22; The repayment amount in the third installment is 336.32+ interest 3. 12.
Summary: Judging from the three-phase repayment of 65,438+0,000 yuan, the total interest of Huabai is higher than that calculated by the daily interest rate of 0.0003%.
Comparison of the interest between Huabai and Jiebai 1000 (prepayment in three installments 1 month)
There are two operations to withdraw the repayment of flowers. The first is to pay off in advance, which will reduce the handling fee for saying that there is no account. The second one will be paid back next month, and the handling fee will not be reduced.
In the first operation, 8.3 yuan's interest has been paid in the first installment, and the remaining two installments are repaid in advance in the second installment, so only the interest of 8.3 yuan in the second installment needs to be paid. Therefore, Bai Hua paid off its arrears one month in advance, and only charged a two-month handling fee 16.6 yuan.
For the second operation, if the handling fee is not reduced, 25 yuan handling fee will still be generated.
If the loan is repaid in advance, interest will only be charged according to the actual days of use. The interest-bearing formula is loan amount * actual loan days * daily interest rate should be less than 18.34 yuan, and the handling fee is subject to the actual page display.
Summary: 1 0,000 yuan will be repaid in three installments, and 1 installment will be repaid in advance. The installment interest of flower buds is still higher than the total interest of borrowing flowers.
Compared with the loan interest, there are still many uncertain factors, such as the daily interest rate of the loan and the final repayment interest of the loan, which are subject to the loan page, so this comparison is only an example. From the comparison of principal and interest examples, it can be seen that the total interest of flower staging has always been higher than the total interest of borrowing flowers, so the interest of flower staging can be said to be relatively high.